What is Litecoin?
Litecoin is a blockchain-based cryptocurrency that works similarly to Ethereum and Bitcoin. It’s a p2p online currency that allows to instantly receive almost zero-fee payments from all around the world. The network is decentralized and not operated by any central authority. Users can control their own funds without relying on third parties, such as banks or any other traditional financial institutions.
The Litecoin blockchain can handle a higher transaction volume than that one of Bitcoin. Due to the fact that Litecoin has more frequent block generation, the network supports more transactions without the need for scaling. As a result, merchants use faster confirmation times. That is why Litecoin is a very convenient crypto coin to pay with. It’s used worldwide, and its price makes the coin perfect for cross-border transfers and payments for goods or services. NOWPayments welcomes Litecoin among the listed coins!
NowPayments is a new-generation gateway for crypto payments. It supports major popular cryptocurrencies providing access to worldwide payments of any purpose. Accepting payments with cryptocurrencies has never been this easy!
Other NOWPayments’ advantages include:
- The instant auto conversion which saves your revenue from price fluctuations.
- The widest range of coins with the support of ChangeNOW swap service.
- Convenient, easy-to-use and hassle-free API.
- Clear dashboard and store settings.
- Custody-free service with no hidden fees.
- Reliable support agents, always at your service 24/7.
- Quickstart on this page!